Lakshmi Narain Tax Director London Corporate Tax Baker Tilly feels that the perpetual amendments have reached a point in many areas where it is practically impossible to comply with the legislation
Despite the great deal of pleasure that the regular flow of amendments to tax law provides to students of the subject (like me) there is an increasing unease. The unease I sense derives from a feeling that in many areas it is practically impossible to comply with the legislation.
The technical complexity of our tax system is to a degree understandable. In a sophisticated commercial environment the ground rules need to be capable of accommodating intricate structures. Anything less and the tax tail inevitably ends up wagging the commercial dog (or at least...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
Lakshmi Narain Tax Director London Corporate Tax Baker Tilly feels that the perpetual amendments have reached a point in many areas where it is practically impossible to comply with the legislation
Despite the great deal of pleasure that the regular flow of amendments to tax law provides to students of the subject (like me) there is an increasing unease. The unease I sense derives from a feeling that in many areas it is practically impossible to comply with the legislation.
The technical complexity of our tax system is to a degree understandable. In a sophisticated commercial environment the ground rules need to be capable of accommodating intricate structures. Anything less and the tax tail inevitably ends up wagging the commercial dog (or at least...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
